Beltway politicians and economists can argue themselves silly about the impact of the Obama administration's stimulus program, but outside the beltway the discussion is largely over. On the local level--particularly outside the heavily politicized big cities--the consensus seems to be that the stimulus has changed little--if anything.
Recently, I met with a couple of dozen mayors and city officials in Kentucky to discuss economic growth. The mayors spoke of their initiatives and ideas, yet hardly anyone mentioned the stimulus. read more »